Tech Company Financing Transactions
PalmHR Funding Round
Speedinvest, Raed VC and Wamda Capital participated in a $5 million Series A funding round for PalmHR. The round was recorded on 2/8/2023.
Transaction Overview
Company Name
Announced On
2/8/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
It is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia.
Company Information
Company Status
Private & Independent
Industry
HRTech
Mailing Address
First Floor, Office 215 Prince Muhammad Bin Abdulaziz Road A
Riyadh, 12313
Saudi Arabia
Riyadh, 12313
Saudi Arabia
Phone
Undisclosed
Website
Email Address
Overview
palm.hr is a fully automated HRMS and your path to building a streamlined and consistent employee experience. It has everything modern HR teams need to manage, grow and engage their people without compromise. palm.hr is creating a revolutionary customer-centric company full of talented, enthusiastic people who enjoy coming to work every day. We keep sane working hours, while still taking care of business, and believe in being ourselves on and off the job.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Schrems
Chief Operating Officer
Christoph Czichna
Co-Founder
Dragan Nikolic
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